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Question: A 5-year annuity of 10 $7,800 semiannua...

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Question: A 5-year annuity of 10 $7,800 semiannual payments worth begin 9 years from now. If the discount rate is 9% compounded semiannually, what's the value of this annuity 5 years from now? What's the value 3 years from now? What's the current value of the annuity?,May I have more clarification on this solution? The Semi-annual interest rate, present value of annuity at year 9, and present value at requested year are still empty areas. See #48 in the attached file.,Thank you! I totally understand that problem better.

 

Paper#10100 | Written in 18-Jul-2015

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